Twin & Chic, S.L.
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Twin & Chic, S.L. - overview
Established
2017
Location
San Sebastian, -, Spain
Primary Industry
Consumer Products
About
Twin & Chic, S. L. is a company focused on sustainable fashion, specializing in premium organic children's clothing that promotes skin health and environmental responsibility. Founded in 2017 in San Sebastian, Spain, Twin & Chic, S.
L. designs and sells organic clothing for children. The company has engaged in two funding rounds, with the latest being an investment of EUR 0. 59 mn from La Bolsa Social, SL on November 25, 2021.
CEO Erika Villoslada is one of the co-founders, contributing her expertise in the fashion industry. Twin & Chic specializes in premium organic and dermo-healthy children's clothing, addressing common skin issues in children with stylish garments made from organic materials. The brand operates in several markets, including Spain, Japan, Austria, and Italy, targeting environmentally conscious parents with a commitment to sustainability in their production processes. In the most recent year, Twin & Chic reported revenue of EUR 10,414,587, while also reflecting a negative EBITDA of EUR -19,986,037 for the same period.
Following the EUR 0. 59 mn funding raised in November 2021, Twin & Chic, S. L. plans to enhance its national and international distribution networks, with a particular focus on expanding into Italy and the United Kingdom.
The funding will support these expansion efforts, allowing the company to launch new product lines and strengthen its market presence.
Current Investors
Inveready Asset Management, BerriUp, La Bolsa Social, SL
Primary Industry
Consumer Products
Sub Industries
Clothing, Clothing Stores, Internet
Website
www.twinandchic.com
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Twin & Chic, S.L. - timeline of key events
Twin & Chic, S.L. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,014 | 5,332.2 | 34,568.5 | 70,599.4 | 231,988.3 | - | - | - |
| % Revenue Growth (YoY) | - | 425.9% | 548.3% | 104.2% | 228.6% | - | - | - |
| EBITDA (USD) | (4,956.6) | (45,362.3) | (50,868.1) | (32,611.9) | (140,809.2) | - | - | - |
| Operating Income (USD) | (5,074.6) | (47,960.8) | (54,937.9) | (42,560.5) | (150,757.8) | - | - | - |
| Operating Margin | (500.5%) | (899.5%) | (158.9%) | (60.3%) | (65.0%) | - | - | - |
| % EBITDA Margin | (488.8%) | (850.7%) | (147.2%) | (46.2%) | (60.7%) | - | - | - |
| NET Income (USD) | (5,071.6) | (49,503.2) | (58,004.4) | (49,321.7) | (159,245.4) | - | - | - |
| % Net Margin | (500.2%) | (928.4%) | (167.8%) | (69.9%) | (68.6%) | - | - | - |
Twin & Chic, S.L. - employee data
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